Question: 1. How does this case help to demonstrate the challenges of entrepreneurship? 2. What are the greatest differences between starting a business from scratch and

1. How does this case help to demonstrate the challenges of entrepreneurship?

2. What are the greatest differences between starting a business from scratch and joining a franchise system?

3. Business owners must always analyze the external factors (the economy, government regulations, social trends, etc.) to compete and adjust to new marker realities. From the contents of the case and based on your knowledge of recent developments with Tim Hortons, what are the greatest external threats and opportunities for Tim Hortons franchisees?

4. Consider the following statement: Franchisees should not complain about actions that a franchisor takes because franchisees sign an agreement that specifically lays out how the franchise will operate. Franchisees should be grateful to the franchisor, who provides a ready-made opportunity for individuals who want to run their own business. Do you agree or disagree with the statement? Explain your reasoning

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